The Margin

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Costco is slashing prices on everything … except their retirement plan (lawsuit alleges)

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Last month, a participant in the Costco 401k plan (which has roughly 170k+ participants and $15B Assets) filed a lawsuit against the company citing damages from ERISA violations. I read the almost 40-page class action complaint and wanted to break it down as simply as I could. The lawsuit alleges that…

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Hindsight is not 2020

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They say hindsight is always 2020, but this year has been anything but clear. 2020 started off with all-time market highs, but in February stores closed their doors for the long quarantine. From mom-and-pop shops, hair salons, and restaurants to massive corporations, airliners, manufacturing plants, and retail stores. Few companies…

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Spotify makes a sound investment

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The Joe Rogan Podcast will be exclusively available on Spotify starting September 1st after reaching an agreement for upwards of $100M+. This is a very large pay day for Joe Rogan. Ted Gioia, musician and author, explains that another artist would have to drive 23 billion streams on Spotify to…

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Tour De Finance: Biking in Belgium (Part 3)

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Spencer is finally back at the Artesys Headquarters, in St. Louis, Missouri.  While we were all happy to cheer him on during his time in Belgium I think we are all very pleased to have him back in the office. The final 2 race summaries are below. Follow this link…

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